Wall Street ends mostly flat after records, logs third winning week
U.S. markets closed mostly flat Friday, capping a third winning week out of four....
The U.S. is set to resume shipments of Ground-Launched Small Diameter Bombs (GLSDB) to Ukraine after upgrading them to counter Russian jamming, sources told Reuters.
The U.S. is preparing to deliver GLSDB munitions to Ukraine after reports suggested Kyiv’s supply of similar-range Army Tactical Missile Systems (ATACMS) had run low. The glide-bombs, originally purchased under former President Joe Biden’s administration, were modified to improve resilience against Russian electronic warfare, according to two sources familiar with the weapon.
President Donald Trump’s administration recently agreed to restore military aid and intelligence sharing with Ukraine, following Kyiv’s support for a proposed 30-day ceasefire with Russia. The reintroduction of GLSDBs could take place in the coming days, with stockpiles already in Europe.
The GLSDB, developed by Boeing and SAAB AB, combines a GBU-39 Small Diameter Bomb with an M26 rocket motor, extending its range to 100 miles (161 km). Ukraine has been seeking longer-range weapons to target Russian supply lines and troop positions.
However, Russian jamming previously interfered with the weapon’s guidance system, limiting its effectiveness. Recent tests, including 19 GLSDB firings, aimed to reinforce internal connections and enhance its resistance to electronic disruption, sources said.
Boeing declined to comment.
The U.S. has allocated nearly $33.2 billion in direct military purchases for Ukraine under the Ukraine Security Assistance Initiative, providing various arms and equipment to bolster Kyiv’s defense efforts.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
Nepal has banned access to the Telegram messaging app, citing its role in a growing number of online fraud and money laundering cases across the country.
North Korea has stopped foreign tourists from visiting its new Wonsan-Kalma resort just weeks after it welcomed the first Russian visitors.
U.S. President Donald Trump says Coca-Cola has agreed to use real cane sugar in the U.S., though the company has not confirmed the claim.
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-border strikes this week heightened tensions.
The Trump administration has completed a controversial prisoner swap with Venezuela, returning around 250 deported Venezuelans in exchange for 10 American detainees.
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